Oil prices are hanging tough near recent peaks. Why? A mix of factors is at play here. Peace talks in Ukraine and rising friction between Washington and Caracas are injecting a modest risk premium into the market. Meanwhile, US stockpiles keep climbing—yet crude refuses to budge much. It's a tug-of-war between geopolitical jitters and supply realities, and for now, the bulls are holding their ground.
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FlashLoanKing
· 12-04 04:27
Oil prices have indeed been resilient this time; geopolitical maneuvers are still able to support the market.
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CryptoFortuneTeller
· 12-03 23:58
This round of oil prices is just a tug-of-war between geopolitics and inventory data—neither side can overpower the other.
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LucidSleepwalker
· 12-03 23:50
The oil price is stubbornly holding steady... Geopolitical issues are stirring things up, supply is piling up in warehouses, it's really a Russian nesting doll of contradictions.
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GasGuzzler
· 12-03 23:43
Geopolitics is always like this—one moment it's Ukraine, the next it's Venezuela. Does that mean oil prices just can't move at all? That logic doesn't really hold up.
Oil prices are hanging tough near recent peaks. Why? A mix of factors is at play here. Peace talks in Ukraine and rising friction between Washington and Caracas are injecting a modest risk premium into the market. Meanwhile, US stockpiles keep climbing—yet crude refuses to budge much. It's a tug-of-war between geopolitical jitters and supply realities, and for now, the bulls are holding their ground.